Aben Resources Announces Non-Brokered Private Placement Financing
(Thomson Reuters ONE) -
VANCOUVER, British Columbia, Nov. 9, 2015 (GLOBE NEWSWIRE) -- Aben Resources
Ltd. (TSX-V: ABN) (OTCBB: ABNAF) (Frankfurt: E2L2) (the "Company") announces a
non-brokered private placement of up to 5,000,000 units at a price of $0.05 per
unit ("Unit") to raise gross proceeds of up to $250,000. Each Unit will consists
of one common share and one non-transferable share purchase warrant ("Warrant"),
with each Warrant to entitle the holder to purchase one common share for a
period of five years at a price of $0.055 per share from the closing date of the
private placement.
A finder's fee of 7% in cash and 7% in non-transferable warrants (the "Finder's
Warrants") may be paid in connection with part of this private placement. Each
Finder's Warrant will entitle the finder to purchase a common share at a price
of $0.055 per share for a period of five years from the closing date of the
private placement.
The Company intends to utilize the proceeds of this private placement to
evaluate new business opportunities for Aben and for general working capital
purposes.
The private placement is subject to TSX Venture Exchange acceptance.
About Aben Resources:
Aben Resources is a Canadian uranium and gold exploration company with projects
in Saskatchewan's Athabasca Basin, Yukon, and NWT. Aben holds an interest in
approximately 40,000 acres of highly prospective ground within the eastern flank
of the Athabasca Basin in northern Saskatchewan including a 40% interest in the
Mann Lake uranium project located 25 kilometres to the SSW of the McArthur River
Uranium Mine.
For further information on Aben Resources Ltd. (TSX-V: ABN), visit our Company's
web site at www.abenresources.com.
Aben Resources has approx. 4.5 million shares issued and outstanding.
ABEN RESOURCES LTD.
"Jim Pettit"
____________________________
JAMES G. PETTIT
President
For further information contact myself or:
Don Myers
Aben Resources Ltd.
Corporate Communications
Telephone: 604-687-3376
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: info(at)abenresources.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Aben Resources Ltd via GlobeNewswire
[HUG#1965650]
Datum: 09.11.2015 - 20:32 Uhr
Sprache: Deutsch
News-ID 433185
Anzahl Zeichen: 3188
contact information:
Town:
Vancouver
Kategorie:
Business News
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"Aben Resources Announces Non-Brokered Private Placement Financing"
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